NOT LISTED FOR SALE

98 Lake Placid Club Way Lake Placid, NY 12946

Estimated Value: $1,108,068 - $1,182,000

4 Beds
3 Baths
3,200 Sq Ft
$359/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $725,000 $227 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $7,324/month

Highlights

  • On Golf Course
  • Wooded Lot
  • No HOA
  • Adirondack Architecture
  • Cathedral Ceiling
  • Wood Frame Window

About This Home

As of December 2020

A rarely offered classic Adirondack Lake Placid Club home on the Golf Course with spectacular mountain views. The home has 3 bedrooms on the main level and an upper level bedroom with large sitting room and a full bath. Most of the original details still remain, living room with vaulted ceiling, large granite fireplace, and a dining room that seats a large group. The rear deck was just replaced, and lovely perennial gardens surround the home. Walking distance to the Lake Placid Club golf course, tennis courts, Mirror Lake beachfront, and Main Street shops & restaurants. This ideal setting combined with convenience, views and privacy completes a desired and perfect location. Being sold mostly furnished.

Last Agent to Sell the Property

Margie Philo

Adirondack Premier Properties Berkshire Hathaway HomeService License #10351201062 Listed on: 05/25/2018

Adirondack Premier Properties Berkshire Hathaway HomeService

Last Buyer's Agent

Margie Philo

Adirondack Premier Properties Berkshire Hathaway HomeService License #10351201062 Listed on: 05/25/2018

Adirondack Premier Properties Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,197

Year Built

  • Built in 1890

Lot Details

  • 0.34 Acre Lot
  • Property fronts a private road
  • On Golf Course
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Many Trees

Property Views

  • Golf Course
  • Woods
  • Mountain

Home Design

  • Adirondack Architecture
  • Cottage
  • Wood Siding
  • Cedar Siding
  • Cedar

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Fireplace Features Masonry
  • Insulated Windows
  • Wood Frame Window
  • French Doors

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Exterior Basement Entry
  • Dirt Floor

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • No Garage
  • Parking Deck
  • Gravel Driveway

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Utilities

  • No Cooling
  • Baseboard Heating
  • Underground Utilities
  • 200+ Amp Service
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lake Placid Club Subdivision

Listing and Financial Details

  • Assessor Parcel Number 42.192-3-6.100

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,197

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Lot Size: .34
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Water Body Name: None
  • Subdivision Name: Lake Placid Club
  • Directions: Mirror Lake Drive to Lake Placid Club Way Look for real estate sign.
  • Above Grade Finished Sq Ft: 3200.0
  • Architectural Style: Adirondack, Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 1890
  • Financial Details School Taxes: 6185.0
  • Financial Details Village Taxes: 4929.0
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Washer
  • Has Basement: Dirt Floor, Exterior Entry, Unfinished
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace Features: Living Room, Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), High Speed Internet, Walk-In Closet(s)
  • Living Area: 3200.0
  • Window Features: Insulated Windows, Wood Frames
  • Appliances Dishwasher: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes
  • Basement:Unfinished: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Basement:Exterior Entry: Yes
  • Basement:Dirt Floor: Yes
  • Fireplace Features:Masonry: Yes

Exterior Features

  • Lot Features: Few Trees, Landscaped, Level, Many Trees, On Golf Course, Views, Wooded
  • View: Golf Course, Mountain(s), Trees/Woods
  • Waterfront: No
  • Construction Type: Cedar, Wood Siding
  • Exterior Features: Lighting, Storage
  • Other Structures: Outbuilding
  • Roof: Asphalt
  • Lot Features:Level: Yes
  • Lot Features:Few Trees: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Wood Siding: Yes
  • Window Features:Wood Frames: Yes
  • Lot Features:Views: Yes
  • Exterior Features:Lighting: Yes
  • Exterior Features:Storage2: Yes
  • Lot Features:Many Trees: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Landscaped: Yes
  • Door Features:French Doors: Yes
  • Construction Materials:Cedar: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Deck, Driveway, Gravel, No Garage
  • Parking Features:Driveway: Yes
  • Parking Features:Deck: Yes
  • Parking Features:No Garage: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Utilities: Cable Available, Internet Available, Sewer Connected, Water Connected, Underground Utilities
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Amenities:None: Yes
  • Association Fee Includes:None26: Yes

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: Lake Placid

Lot Info

  • Lot Size Sq Ft: 14810.4
  • Parcel #: 42.192-3-6.100
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 15197.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2018
Closed on
Dec 18, 2020
Sold by
Hearn Agency Inc
Bought by
Ticconi Peter and Ticconi Rebecca
Seller's Agent
Margie Philo
Adirondack Premier Properties Berkshire Hathaway HomeService
Buyer's Agent
Margie Philo
Adirondack Premier Properties Berkshire Hathaway HomeService
List Price
$750,000
Sold Price
$725,000
Premium/Discount to List
-$25,000
-3.33%
Current Estimated Value
$1,149,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$424,267
Avg. Annual Appreciation
10.32%
Original Mortgage
$485,000
Outstanding Balance
$433,779
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$715,488
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ticconi Peter $725,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ticconi Peter $75,000
Open Ticconi Peter $485,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $725,000 -- --
12/18/2020 12/18/20 Sold $725,000 -3.3% $227 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $750,000 -- $234 / Sq Ft
Source: Adirondack-Champlain Valley MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,889 $989,300 $685,500 $303,800
2023 $12,700 $910,400 $659,200 $251,200
2022 $12,193 $778,600 $570,700 $207,900
2021 $8,420 $725,000 $530,700 $194,300
2020 $15,371 $870,100 $390,000 $480,100
2019 $15,197 $870,100 $390,000 $480,100
2018 $6,838 $590,100 $390,000 $200,100
2017 $8,548 $486,900 $100,400 $386,500
2016 $8,528 $486,900 $100,400 $386,500
2015 -- $486,900 $100,400 $386,500
2014 -- $486,900 $100,400 $386,500
Source: Public Records

Agents Affiliated with this Home

  • Margie Philo

    Seller's Agent in 2020

    Margie Philo

    Adirondack Premier Properties Berkshire Hathaway HomeService

    (518) 523-3333

    53 in this area

    108 Total Sales

    Margie Philo
    Section Image
  • Stephanie Colby

    Buyer Co-Listing Agent in 2020

    Stephanie Colby

    Acre Adk

    (518) 637-4373

    12 in this area

    58 Total Sales

    Stephanie Colby
    Section Image
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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 162749

APN: 154001-042-192-0003-006-100-0000

New York Essex County Lake Placid 12946

98 Lake Placid Club Way, Lake Placid, NY

This home is located at 98 Lake Placid Club Way, Lake Placid, NY 12946 since 25 May 2018 and is currently estimated at $1,149,267, approximately $359 per square foot. This property was built in 1890. 98 Lake Placid Club Way is a home located in Essex County with nearby schools including Lake Placid Elementary School, Lake Placid Junior/Senior High School, and St. Agnes School.

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